Major amendments to the Public Liability Insurance Act (PLIA) increase insurance limits, introduce stricter compliance measures, and enhance compensation payouts. Sweeping Changes in Public Liability Insurance The Indian government has…
IRDAI’s Bima Trinity—Bima Vistaar, Bima Vahak, and Bima Sugam—set to transform India’s insurance landscape with a comprehensive and customer-friendly approach. Bima Vistaar Gains Momentum with Industry Consensus India’s insurance sector…
The new insurance solution aims to mitigate risks in supply chain financing, enhancing trust and transparency for investors. A New Approach to Risk Management in Supply Chain Financing Universal Sompo…
Authorities uncover tax evasion scheme involving fraudulent invoices and illegal commission payments. Aviva India plans to appeal the decision. Aviva India Ordered to Pay Back Taxes and Penalties British insurer…
Despite rapid growth, the insurance sector faces increasing compliance challenges, highlighting the need for regulatory reforms and technology-driven solutions. India’s Insurance Industry on a Strong Growth Path India’s insurance sector…
Push Towards "Insurance for All by 2047" New Delhi, India – The Union Budget 2025 is expected to introduce major reforms in India's insurance sector, aligning with the government’s ambitious…
Overview of the SBI Research Report The State Bank of India (SBI) Research Division has released a new report recommending key measures to boost India’s insurance and healthcare sectors. These…
Overview: Expanding Generali’s Presence in India Italian insurance leader Generali Group has announced the launch of its Global Corporate & Commercial (GC&C) India business unit, operating under Future Generali India…
Overview of Union Budget 2025 Expectations The Union Budget 2025 is set to focus on innovative measures aimed at bolstering India's infrastructure, agriculture, MSMEs, and sustainability initiatives. As Finance Minister…
Introduction: A Shocking Case of Cyber Fraud In a disturbing case of cyber fraud, a 62-year-old retired bank manager from Pune lost Rs 2.22 crore after falling prey to a…